Opinion | Why Starbucks' Howard Schultz fears the 'billionaire' label

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Opinion | Why Starbucks' Howard Schultz fears the 'billionaire' label
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Imagine having so much money you find it offensive when someone points it out.

early to shield the company before the hearing — seemed particularly angry about one point: He said it was"unfair" that Sanders called him a billionaire. It was a bizarre bit of pushback, given that it's an indisputable fact. Schultz is worth nearlyWhat he really meant was that bringing up his wealth implied unfair things about his character.

And I've shared it constantly with the people of Starbucks. ... It's your moniker constantly, it's unfair.First, in his attempt to describe his self-made wealth, Schultz accidentally admits that he was a beneficiary of the publicly funded social safety net: subsidized housing.

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